Clovis-Portales, NM

The Clovis-Portales, NM combined statistical area (CSA) is located in the southeastern part of the state and includes the cities of Clovis and Portales. The CSA is home to a number of colleges and universities, including Eastern New Mexico University, Clovis Community College, and New Mexico State University-Portales. The CSA has a population of approximately 200,000 people.

The housing market in the CSA has been strong in recent years, due in part to the presence of a number of colleges and universities in the area. The average sale price of a home in the CSA was $180,000 in 2017, up from $170,000 in 2016. The average rent for an apartment in the CSA was $850 per month in 2017, up from $800 per month in 2016.

There are a number of factors that have contributed to the strong housing market in the CSA. One is the presence of a number of colleges and universities in the area. This has led to an influx of students and young professionals into the CSA, which has increased demand for housing. Another factor is that job growth in the CSA has been strong in recent years. The unemployment rate was 4.0% as of December 2017, down from 5.0% a year earlier. This has also helped to increase demand for housing as more people are employed and have money to spend on housing costs.

Looking ahead, it is expected that the housing market will continue to be strong in 2018 as job growth remains strong and more people move into the area due to college enrollment growth